tax evasion

(redirected from Evasion, Tax)
Also found in: Thesaurus, Legal, Financial, Encyclopedia.

tax evasion

n.
Intentional nonpayment or avoidance of lawfully assessed taxes, especially through fraud or concealment of income.

tax evasion

n
(Law) reduction or minimization of tax liability by illegal methods. Compare tax avoidance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax evasion - the deliberate failure to pay taxes (usually by making a false report)
evasion, nonpayment - the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment"
Translations
References in periodicals archive ?
During his tenure, he investigated and litigated dozens of federal white-collar criminal cases including tax evasion, tax preparer, employment tax, FBAR, money laundering, currency structuring, Foreign Corrupt Practices Act (FCPA), and other financial fraud matters.
The fact the European Union is financing this project is testimony of the Commission's committed to supporting developing countries to establish efficient, effective, fair and transparent tax systems, to implement international tax standards, and therefore to increase domestic revenue mobilization and tackle tax evasion, tax avoidance and illicit financial flows.
87/1994 on fighting tax evasion, Tax evasion is the avoiding by any means, totally or in part, from the payment of taxes, duties and other amounts owed to the state budget, local budgets, the state social insurance budget and the outside the budget special funds by the natural and juridical persons, Romanian or foreign persons further on called taxpayers.
We are holding record of tax evasion, tax payment and companies owned by Sharif family.